Cardano

<figure>
 <figcaption>
 Cover image via <a href="https://u.today/" rel="noopener noreferrer nofollow">U.Today</a>
 </figcaption>
</figure>
Sellers have turned out to be more powerful than buyers, according to <a href="https://u.today/sol-and-ton-prediction-for-july-30" rel="noopener noreferrer nofollow">CoinStats</a>. <img data-entity-type="file" data-entity-uuid="ce853fd2-02ed-4576-a10d-2fd8529608f7" src="https://u.today/sites/default/files/inline-images/top10_1266.png">ADA chart by&nbsp;<a href="https://coinstats.app/coins/" rel="noopener noreferrer nofollow">CoinStats</a>
<h2 class="text-align-justify" id="ada-usd">ADA/USD</h2>
The price of Cardano (ADA) has fallen by 2.63% since yesterday. <img data-entity-type="file" data-entity-uuid="2d2763de-18d0-4f64-b1c2-babbcb5e792d" src="https://u.today/sites/default/files/inline-images/ada1%60_0.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ADAUSDT" rel="noopener noreferrer nofollow">TradingView</a>
The rate of ADA is bearish on the hourly chart. If bears' pressure continues, there is a possibility of seeing a further decline to the $0.39 range. <img data-entity-type="file" data-entity-uuid="cd883ba3-920e-483a-bcec-cab3d7dcdf5f" src="https://u.today/sites/default/files/inline-images/ada2_118.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ADAUSDT" rel="noopener noreferrer nofollow">TradingView</a>
On the daily time frame, the price of ADA is about to close far from its peak or low. If it happens, there is a low chance of seeing any sharp moves by the end of the week. <img data-entity-type="file" data-entity-uuid="a02c9e64-2cda-4fb6-8c5f-23bce3a3bccc" src="https://u.today/sites/default/files/inline-images/ada3_103.png">Image by&nbsp;<a href="https://www.tradingview.com/symbols/ADAUSDT" rel="noopener noreferrer nofollow">TradingView</a>
From the midterm point of view, bears are controlling the situation on the market.
If buyers lose the vital zone of $0.40, the correction is likely to lead to the test of the $0.35 mark.
ADA is trading at $0.40 at press time.

Cardano (ADA) Prediction for July 30

Table of Contents

U_Today

Andre artikler udgivet 30. jul. 2024

Mt. Gox Prepares Final Transfer of 80.5K BTC Amid Market Volatility

Analyst Predicts Surge for Solana and Floki

Ethereum Open Interest Hits $11 Billion Amid ETF Approval

How the right platform can transform your crypto experience

SEC Moves to Amend Complaint Against Binance, Binance.US, and Zhao: Solana (SOL) May Be Impacted

Anticipating a Record-Breaking Week in Crypto: Bitcoin Prepares for All-Time High

Join our free newsletter for daily crypto updates!